What is an eCommerce merchant account?
Today most of the businesses require an eCommerce facility as day by day online purchasing was booming out. To acquire this type of merchant account you need to select the best e-Commerce merchant account provider. With this assistance, you can get a merchant account from New York’s major banks or by online payment processors.
How does an e-commerce merchant account help your business?
E-commerce merchant account fees vary by the supplier. Generally, you will pay an ample amount of transaction fees for your sale. Some merchant accounts also come with a monthly cost, and sometimes a setup or installation fee.
Tips for More E-commerce Traffic
In this digital era, the world of e-commerce is witnessing an expansion that is leading to a vital change in the entire retail business history.
The following ways will generate traffic to your e-commerce website
- Leverage the power of Instagram and Facebook advertisements.
- Strong relationships with customer.
- SEO Optimization.
Best E-commerce Merchant Accounts provider for e-commerce
We compared a vastly experienced merchant account for U.S businesses. Now let us see about those top e-commerce merchant account provider companies.
- Worldpay
- Merchant Industry
- PayPal
Worldpay
Worldpay offers an e-commerce merchant account with a flexible solution. Its payment processing services work for all sizes of businesses. Worldpay also brings specific expertise in the industries such as retail, travel, gaming and more. Also, it got a simple pricing plan with this it got excellent customer support, compatible across multiple platforms.
Merchant Industry
With more than a decade of experience and a massive mission, the US-based Merchant Industry offers a scalable, reliable merchant account for an ambitious e-commerce business. It offers you an affordable pricing rate. Its security features and fraud management tools are some of the best solutions. Our industry’s leading e-commerce solution will take your business with positive customer feedback experience.
Merchant Industry, like any other e-commerce merchant account providers, tends to differ based on the sales volume of your business.
PayPal
It is one of the traditional e-commerce merchant account providers, still, PayPal is recognized as an easy, secure way to accept card payments online. Its pricing fee will be quite cheaper while compared to other companies. PayPal will be a big benefit for small businesses. Sometimes it will be called as a giant of the e-commerce payment industry.
Conclusion
A merchant account is a service that enables merchants to accept credit and debit cards for payment. It is offered by a processing bank that is a member of Visa and MasterCard, either directly or through a third party.
Starting an e-commerce business is a challenging task, but it’s far low challenging today than it was just a few years ago. Whether you opt for an e-commerce merchant account provider, choosing the right provider is a critically important step in getting your business off the ground.
E-commerce Payment service providers such as PayPal are a better choice for those processing less is minimum per month. Because payment service providers will not charge monthly fees or impose long-term contracts, it’s easy to switch to a trustworthy merchant account once your business reaches this threshold.
